Letters to the editor: Sept. 24

Sep 23, 2012 @ 12:01 am

I have been meaning to congratulate you on the addition of Mary Beth Franklin to your staff.

I am a retirement planner specializing in long-term care, and I know that your readers will get reliable information and advice from her.

That hasn't always been the case, as for years, I have noticed the tendency at InvestmentNews to rely on commentary from general practitioners (wealth managers and others) who frequently give inaccurate information or bad advice when it comes to long-term care.

Strangely, LTC insurance specialists are rarely, if ever, quoted. A little balance, please.

I know you wouldn't want to have to rely on your physician for dental advice.

In addition, I was glad to see Harley Gordon's participation in your retirement conference.

He is very knowledgeable on LTC issues, but even he isn't an LTC insurance specialist; he is an attorney.

George Holmes Braddock II


LTC Financial Partners LLC

Cutler Bay, Fla.

I read “Welcome to the job: American College CEO blasts new FPA boss” (InvestmentNews.com, Aug. 23) and appreciated that it was a balanced piece.

As the holder of many designations, including the certified financial planner mark, I really have to side with The American College and the many other conferring institutions and professional associations in thinking that the “one designation” notion is a bad idea.

The “planning” profession is extremely diverse — from bank tellers and property-and-casualty insurance agents selling retirement plans, to high-end tax attorneys doing extremely complicated multigenerational planning.

Trying to fit this complex industry, which actually encompasses many industries and is more heterogeneous than health care (which itself easily has hundreds of harmonious “designations”) into one simple, one-size-fits-all box just doesn't seem realistic.

Although one may respect the Financial Planning Association's intent, one must really question the logic and motivation of the premise.

Jeffrey Camarda


and chief investment officer

Camarda Wealth Advisory Group

Fleming Island, Fla.


What do you think?

View comments

Recommended for you

Featured video


Why advisers are pessimistic about the economy

Deputy editor Bob Hordt and senior research analyst Matt Sirinides discuss a recent InvestmentNews survey of advisers, most of whom see a recession ahead before the next presidential election.

Video Spotlight

We started as a boutique firm with huge ambitions. Schwab was a perfect fit.

Sponsored by Schwab: Advisor Services

Recommended Video

Keys to a successful deal

Latest news & opinion

Here's how advisory firms compensate their employees

Schwab’s report on RIA pay details median compensation for a range of positions

Raymond James buys Silver Lane Advisors, an investment bank for RIA mergers

Expanding unit taps into M&A trends in the wealth management space.

Final pass-through rules deliver good and bad news for advisers

The final regs are a boon to rental-property owners and some mutual fund shareholders, but some clients' deduction may be diluted.

Finra focuses exam priorities on investor-protection threats

Online distribution of private placements pops up; exchange-traded products cause suitability worries.

10 public companies that boosted their ESG ratings in 2018

These 10 companies increased their environmental, social and governance scores last year.


Hi! Glad you're here and we hope you like all the great work we do here at InvestmentNews. But what we do is expensive and is funded in part by our sponsors. So won't you show our sponsors a little love by whitelisting investmentnews.com? It'll help us continue to serve you.

Yes, show me how to whitelist investmentnews.com

Ad blocker detected. Please whitelist us or give premium a try.


Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print